gen. specific (OP)
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July 09, 2011, 07:19:36 PM |
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Hello, I would like to periodically short bitcoins
or possibly, short the right to short bitcoins. I like derivatives.
Is there any shorting on the bitcoin exchanges, or do you just reverse the direction of your BTC/Currency of choice trade?
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nmat
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July 09, 2011, 07:30:07 PM |
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Title12USC§411
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July 09, 2011, 07:34:08 PM |
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I think Mt.Gox is going to make that available for a fee.
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msb8r
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July 09, 2011, 07:35:33 PM |
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Newcomer CampBX has an option for shorting bitcoins. Haven't tried them myself, so can't comment on whether they are any good or not. But they seem to have put some efforts into creating a secure exchange platform.
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Stephen Gornick
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July 09, 2011, 07:38:32 PM |
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You could write a CALL option, similar to this one: - http://bitcoin-otc.com/vieworder.php?id=4336 (That specific CALL option is for 10 BTCs, strike price $20.00, expiration Jul 17th, premium 2.0 PPUSD) Of course, a buyer of your call option in an OTC setting will want to have an assurance that you would deliver if the buyer wishes to execute the option. That is something that was accommodated with ClearCoin, but that escrow service is no longer available. OTC option orders are documented here: - http://wiki.bitcoin-otc.com/wiki/Option_ordersThere is also BitOption. BitOption escrows all USDs and BTCs with Mt. Gox exchange. BitOption is very new but they are rolling out some updates over the next days that should help the concept work: - http://en.bitcoin.it/wiki/BitoptionAnother method that will be coming is the margin trading through CampBX. They too just launched and don't have the margin trading feature available yet. - http://www.campbx.com
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kokjo
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You are WRONG!
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July 09, 2011, 07:42:45 PM |
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Newcomer CampBX has an option for shorting bitcoins. Haven't tried them myself, so can't comment on whether they are any good or not. But they seem to have put some efforts into creating a secure good looking exchange platform. we dont know if they are secure... but there website is pretty! they have only been around for 4-5 days, we dont know yet.
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"The whole problem with the world is that fools and fanatics are always so certain of themselves and wiser people so full of doubts." -Bertrand Russell
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msb8r
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July 09, 2011, 08:08:52 PM |
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Newcomer CampBX has an option for shorting bitcoins. Haven't tried them myself, so can't comment on whether they are any good or not. But they seem to have put some efforts into creating a secure good looking exchange platform. we dont know if they are secure... but there website is pretty! they have only been around for 4-5 days, we dont know yet. - Test version of the site was public for 2+ weeks before they went live
- Daily external security audit
- Payment Card Industry certification
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kokjo
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You are WRONG!
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July 09, 2011, 08:36:07 PM |
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- Test version of the site was public for 2+ weeks before they went live
- Daily external security audit
- Payment Card Industry certification
external security audit! someone 'external' has access to my fucking money! ME NO LIKE! PCI DSS a standard that even my computer comply with, it is nearly impossible not to. it says nothing. okey then they have been around for 20 days. +1and they are placed in USA, which means men in black suits comes knocking on my door someday, even if i live in Europe. they are of course seeing this as good. i would rater like a 'offshore' exchange. (from an European point of view they are already offshore, but you know) i just dont like it. /opinion. (yes i still do trade on mtgox)
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"The whole problem with the world is that fools and fanatics are always so certain of themselves and wiser people so full of doubts." -Bertrand Russell
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nmat
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July 09, 2011, 08:52:53 PM |
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we dont know if they are secure... but there website is pretty!
This
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gen. specific (OP)
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July 10, 2011, 12:58:44 AM |
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wow, this is developing fast! A few bad press puts bitcoin on everyone's radar and the market pours itself in!
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MtRev
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July 11, 2011, 08:51:27 AM |
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campbx.com allows you to short
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Don't trade alone! Let's Talk Money!Stocks, Options, Crypto, Forex, Dividends and the Commodities market
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Stephen Gornick
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July 11, 2011, 09:18:57 AM |
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campbx.com plans to some day allow you to short
Fixed that for you.
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linkme
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July 11, 2011, 09:58:56 AM |
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we dont know if they are secure... but there website is pretty!
This wow... almost too pretty to be taken seriously. Feels like a template purchase though.
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MtRev
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July 11, 2011, 01:59:53 PM |
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Oh, sorry, my mistake. I logged in and saw the short option, but didn't know it wasnt working.
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Don't trade alone! Let's Talk Money!Stocks, Options, Crypto, Forex, Dividends and the Commodities market
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Cosbycoin
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September 12, 2011, 10:11:49 PM |
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recently there was a site on the main forum that just came out that offers margin trading.
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